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Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$31.1 Mil. Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA or its related term are showing as below:

During the past 9 years, the highest Debt-to-EBITDA Ratio of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co was 2.08. The lowest was 0.00. And the median was 1.23.

HKSE:01379's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.9
* Ranked among companies with meaningful Debt-to-EBITDA only.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Debt-to-EBITDA Historical Data

The historical data trend for Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Debt-to-EBITDA Chart

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.23 2.08 0.23 - -

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 - - - -

Competitive Comparison of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA falls into.



Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 38.171
=0.00

Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 31.094
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co  (HKSE:01379) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co (HKSE:01379) Business Description

Traded in Other Exchanges
N/A
Address
Qianyangxia Village, Wenqiao Town, Zhejiang Province, Wenling, CHN
Wenling Zhejiang Measuring And Cutting Tools Trading Centre Co Ltd is engaged in an established measuring and cutting tools trading centre operator in China. The principal activity and source of revenue of the group were primarily derived from the property leasing business through the operation of the Trading Centre for the measuring and cutting tools industry. The group also engages in real estate investment, development and management business through its material subsidiary, Wenling Sunrise Real Estate Development Co., Ltd.
Executives
Jia Xing Yuan Tai Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Xiang Gang Lei Gen Tou Zi Zhong Xin You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Qian Jiang Mo Tuo Gu Fen You Xian Gong Si 2101 Beneficial owner
Wan Bang De Hang Zhou Tou Zi Guan Li You Xian Gong Si 2101 Beneficial owner
Zhe Jiang Zhong Ma Chuan Dong Gu Fen You Xian Gong Si 2101 Beneficial owner
Xin Jie Beng Ye Zhe Jiang You Xian Gong Si 2201 Interest of corporation controlled by you
Xin Jie Beng Ye Xiang Gang You Xian Gong Si 2101 Beneficial owner
Wen Ling Long Xi Qi Ye Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Han Yi 2101 Beneficial owner

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